Trading Conditions
Products
Tools
Technical analysis:
EUR/USD has been trading downside as I expected. Sellers are in control today and you should watch for selling opportunities on the rallies.
Trading recommendation:
I found the breakout of the news spike range from yesterday's CPI m/m, which is good confirmation of the downside condition.
Watch for selling opportunities on the rallies with the downside target at 1.1955.
Stochastic oscillator is showing negative reading....
Key resistance is set at the price of 1.2090
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.